Year in review: The top 5 real estate deals of 2015 include a record

2015 was the year the industrial market heated up, more apartment complexes sold to out-of-state investors and auctions were the new tool to unload assets.

While there were plenty of deals made this year, we combed through our archives to pick out the top news stories that made waves, or had a far-reaching impact on the local business and real estate community.

The top real estate deal of the year was Jim Long's purchase of One Park Square located in Albuquerque's Uptown area.

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The top real estate deal of the year was Jim Long's purchase of One Park Square located… more

The Heritage Hotels & Resorts CEO bought two high-profile properties in the state this year. First, under the Heritage Hotels banner, Long purchased the El Monte Sagrado in Taos from the Kessler Collection, a luxury hotels and resorts brand based out of Florida. The purchase reflected Heritage Hotels' strategy, which is to acquire and operate culturally-designated hotels focused along New Mexico's I-25 corridor.

The second big purchase seemed to come out of the blue. Long, along with several other partners, purchased One Park Square and the nearby retail property. According to financial documents filed with the Securities and Exchange Commission by Equity Commonwealth, the seller of One Park Square, the sale price was $34.3 million.

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Average house price fell in Regina, Saskatoon: real estate firm says

A report by the real estate company Re/Max says house prices in Regina and Saskatoon have dipped, compared to a year ago, because there are more homes for sale on the market.

The report, which the company called a housing market outlook, examined sales figures in both cities.

In Saskatoon a recent flurry of construction activity "has created market conditions modestly favouring the buyer," the report said. "Currently, there are four months of inventory on the market and inventory is expected to increase as more of these new builds come to market next year."

Average price dips

The outlook noted that the average sale price for a home in Saskatoon was $361,000 last year. It is now at $354,000 — a two per cent drop.

The company also provided a profile of what buyers are seeking in Saskatoon.

"Single-family homes priced between $350,000 and $425,000 were in highest demand," the report said. That demand was coming from first-time buyers and people looking to move out of a condo and into a detached home. Young people, with two incomes, were especially interested in two-bedroom homes in an older neighbourhood.

Saskatoon also saw many new condos being built, the report said, noting that inventory "is higher for condos than single-family homes", adding that most buyers preferred new builds.

Regina market

The report found similar market conditions in Regina, where there has also been a lot of new construction taking place.

"High inventory kept Regina in a buyer's market throughout 2015," the report said. "However, as construction slows and inventory is absorbed a more balanced market is anticipated [for 2016].

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Tips need serious concern before buy corporate and office space in Varanasi

Now a day investing fund on real estate property is wise decision whether it is residential or commercial properties in Varanasi. It will provide you huge profit in few years as a rent or lease amount with best deal.

commercial office space in Varanasi

Many MNC and national companies in India are targeting the best location of Varanasi for their corporate office so the demand of office space in Varanasi is increasing day by day with high speed. It is perfect time for buying or investing fund on properties in Varanasi for high-income return in future as a rent or lease amount. However, before investing fund some tips will always keep on mind that will help in every step of process of dealing real estate business. Wide range of option are available in market for corporate &office space in Varanasi but you should choose cleverly because many fraud agents are also available in Varanasi.

Investing fund on commercial office space in Varanasi is best option because in Varanasi is a developing city and all modern age facilities and amenities are available in this city at affordable price. However, you should hire professional and experienced real estate agent because they have experience to get best deal in short time. You will get all information regarding the commercial properties in Varanasi and help you in every complex step.  You will get best deal in commercial properties in Varanasi as compared to other big cities through best real agent.

Further office space for rent in Varanasi is on high demand because the place getting high development through the rapid growth of tourism industry at Varanasi trade and commerce has boom at this place. For that, some real estate agents in Varanasi will provide you best deal because the company has appreciable track record in offering commercial real estate property in Varanasi. Thus for commercial office space for lease in Varanasi must contact renowned real estate agent so you will get better working environment to offices and you excel with great opportunities.

The demand for land by real estate Company in Varanasi has is at its peak because the facilities and amenities which are available in this place are best as compared to others big cities as well as available in affordable price therefore more and more people demanding this location for commercial properties. Therefore, if you are planning for buying or investing fund to start your office then it is better to move with perfect consultant that will help you to buy office space in Varanasi at perfect location. The environment of the place is very peaceful so it is best destination for working environment.

Moreover, the realestate property in Varanasi is best destination for residential project as well as for commercial real estate development. You can easily earn double profit on invest after few years in properties of Varanasi. However but before investing your valuable fund must contact experienced real estate agent so you can easily get best deal at affordable price with full satisfaction. You will never get disappoint with their work because they are always working for you not for money. It will work ahead of your expectation without any fault every time. Thus, get your best location for commercial and residential project at affordable price in Varanasi.

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